HomeStreet Inc expected to post earnings of 75cents a share - Earnings Preview

Mechanics Bancorp

25/01/2023 21:02

* HomeStreet Inc  HMST.OQ   HMST.O  is expected to show a
fall in
quarterly revenue when it reports  results on January 27. 
    * The Seattle Washington-based  company is expected to
report  a
19.0% decrease in revenue to $69.43 million from $85.7 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for HomeStreet Inc is
for
earnings of 75 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for HomeStreet
Inc is
$31​, above​ its last closing price of $29.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.01        1.02       1.08      Beat    6.1
 Jun. 30 2022  0.96        0.96       0.94      Missed  -2.2
 Mar. 31 2022  0.94        0.95       1.01      Beat    6.2​
 Dec. 31 2021  1.35        1.31       1.43      Beat    8.8
 ​​Sep.        1.11        1.12       1.31      Beat    17.5
 30 2021                                                
 Jun. 30 2021  1.17        1.16       1.37      Beat    18.3​
 Mar. 31 2021  1.16        1.12       1.35      Beat    20.5
 Dec. 31 2020  1.10        1.07       1.25      Beat    16.6
 This summary was machine generated January 25 at 21:02 GMT.  All
figures in US dollars  unless otherwise stated